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Affordable Housing Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 842167415 ✦ Fremont, CA ✦ Designated as a 501(c)(3)

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Overview

What is Affordable Housing Association?

Affordable Housing Association is a nonprofit organization situated in Fremont, California, specifically at 4450 Enterprise Street 118. Their primary mission is to provide affordable housing to individuals and families, adhering to the guidelines set by the HUD. Recently, the nonprofit expanded its reach by purchasing an additional property and renting it out. Furthermore, they are committed to renovating their first home to make it accessible for low-income residents. The organization's overall goal is to contribute to the housing sector and provide a solution to the affordability issue in their community.

Is Affordable Housing Association legitimate?

Affordable Housing Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affordable Housing Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Affordable Housing Association?

The Affordable Housing Association's mission, as stated, is centered around providing affordable housing. Under the guidelines set by the HUD, this nonprofit organization strives to make housing accessible for individuals with low income. To execute this mission, they have recently acquired an additional property and have begun renting it out. Moreover, they are dedicated to renovating their initial property to make it suitable for low-income individuals or families.

Who is the CEO of Affordable Housing Association?

Robert Stenrose is the Director of Affordable Housing Association.

What is the revenue of Affordable Housing Association?

Affordable Housing Association's revenue in 2022 was $150,058.

Who are the executives of Affordable Housing Association and what are their salaries?


Here are 2 key members and their salaries:


Jonathan Stenrose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert F Stenrose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Affordable Housing Association?

Affordable Housing Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Affordable Housing Association

The Affordable Housing Association is committed to providing affordable housing solutions, adhering to the guidelines set forth by the Department of Housing and Urban Development (HUD). This nonprofit organization takes an active role in making housing accessible to low-income individuals and families. To fulfill its mission, the Affordable Housing Association has expanded its portfolio by purchasing additional properties and transforming them into affordable housing options. Furthermore, the nonprofit is dedicated to renovating its initial property to ensure it meets the needs of its low-income tenants.

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Impact




October, 2024

The Affordable Housing Association significantly impacts the community by providing affordable housing options for low-income individuals and families in Fremont, California. By purchasing and renovating homes in line with HUD guidelines, the organization not only increases the availability of affordable housing but also improves the living conditions for its residents.

Recently, the Association expanded its efforts by acquiring an additional home, which adds to the stock of accessible housing rentals. This strategic move not only addresses immediate housing needs but also fosters stability within the community by offering secure living environments. The ongoing renovations of their first home further reflect a commitment to enhancing quality of life, ensuring that low-income families have safe and welcoming places to call home.

Overall, the Affordable Housing Association plays a crucial role in alleviating housing insecurity and contributing to the well-being of the Fremont community.




This information is meant to be a general summary of Affordable Housing Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$150,058 (2022)
Expenses
$73,325 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $258
  • Program Service Revenue: $49,800
  • Gross Receipts: $150,058

Assets and Liabilities:

  • Total Assets: $1,730,682
  • Total Liabilities: $477,622
  • Net Assets: $1,253,060

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTS RECEIVED ON LOW

Revenue

$49,800

Organization Details

Founding Year

2019

Principal Officer

Robert Stenrose

Main Address

4450 ENTERPRISE STREET 118, FREMONT, CA, 94538

NTEE Category

Code: L99 - Housing

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